"Lex FIFA"--Swiss Money-Laundering Laws Changed to Include Sports Associations

The Swiss legislature today voted to change its money laundering laws so that officials of sports organizations like the International Olympic Committee and FIFA will be accountable as "politically exposed persons." Some news coverage:

• FIFA, IOC Face Greater Scrutiny After Swiss Tighten Rules, Bloomberg News, Dec. 12, 2014
• New law brands FIFA, other sports officials ‘politically exposed persons’, SwissInfo, Dec. 12, 2014
• Fifa and Olympic leaders face new financial checks, BBC News, Dec. 12, 2014
• Swiss to increase oversight of FIFA, other sports bodies, Reuters, Dec. 5, 2014

For background, see Roger Pielke Jr., How Can FIFA Be Held Accountable?, Sport Management Review (2013). (If you're interested in sport policy, you might like to check out Pielke's blog, The Least Thing.)

For more about efforts to fight corruption—in business and government as well as in FIFA—see the website of the advocacy group, Transparency International.